Question: Please help with this problem on my final exam review. The test is tomorrow and I want to be sure I know everything! Thanks! The
Please help with this problem on my final exam review. The test is tomorrow and I want to be sure I know everything! Thanks!
The current balance in a savings account is $1230, and the annual interest rate is 6%, compounded continuously.
a) At what growth rate is the amount in the account currently increasing?
b) When will the current balance double?
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